£187,547
This estimated value is based upon the latest sale price for the house of £39,950 on 19 Jun 1998. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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Price Paid | Date |
---|---|
£39,950 | 19 Jun 1998 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 925 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in June 1998 the House Price Index for WEST MIDLANDS was 31.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 369.456%.Applying this 369.456% change to the original purchase price of £39,950 results in an estimated price of approximately £187,547.
19 Jun 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.7 | 148.6 | 369.456 % | £39,950 | £147,597 | £187,547 |
The Postcode Pricing Model uses changes in average sales price within the WS10 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 320.867 % | £128,186 | £168,136 |
3 Month Average | 225.146 % | £89,945 | £129,895 |
6 Month Average | 367.230 % | £146,708 | £186,658 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £221,276 | £218,000 | 2 WAKES ROAD |
29 Sep 2023 | £169,163 | £167,000 | 6 CORPORATION STREET |
17 Jul 2023 | £233,629 | £230,485 | 1 MOUNTS ROAD |
21 Apr 2023 | £163,258 | £161,500 | 47 WHARFEDALE STREET |
20 Apr 2023 | £181,959 | £180,000 | 12 WAKES ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 25 Apr 2013. Using an estimated price of £187,548 means this house is valued at £2,180 per sq meter (£202 per sq foot).
The average size of a house on MOUNTS ROAD is 82 sq meters (885 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Wakes Road | |
Jan 2024 | Anti-social behaviour | On or near Wakes Road | |
Jan 2024 | Anti-social behaviour | On or near Wakes Road | |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wakes Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Railway Terrace |